DCX System Share Price | Good news from the company, this stock will run fast, will make huge profits – Hindi News
DCX System Share Price | Shares of DCX Systems, a smallcap company associated with the aerospace and defense industry, have risen. On Thursday, DCX Systems' shares rose five percent to Rs 355.05 on the BSE stock market. The company's shares rose sharply due to a large order. The company has announced that it has received an export order of Rs 154.80 crore from Israel's Alta Systems. (Part of DCX Systems Limited Company)
12 month period
DCX Systems said in a regulatory filing that the order is for the supply of RE electronic modules and will be completed within 12 months. The company's subsidiary has recently received an industrial license from the Cochin Special Economic Zone. This license has been obtained for the manufacture and testing of microwave submodulation. The company will be able to manufacture avionics and security electronic devices. This license is valid for 15 years.
IPO came 2 years ago
The share price in the IPO of DCX Systems was Rs 207. The company's IPO opened for subscription on October 31, 2022. The IPO was open till November 2. The company's shares were listed on November 11, 2022 at Rs. 286.25. On September 19, 2024, the company's shares touched Rs. 355.05. The 52-week high of the company's shares is Rs 451.90. The 52-week low is Rs 235. The market cap of this smallcap company has reached Rs 3845 crore.
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